@TradeYodha (TradeYodha.com)
#GBPCHF 15min Short Idea
Reasons:
1. Previous structure with spikes
2. 50SMA lagging behind on 15 min that should attract the price
3. 10sma lagging behind og higher time frame i.e. 1 hour that should attract the price
4. FIB 1.27 extension in zone
5. possible harmonic move
6. retracement expected
Must wait for confirmation before taking the trade.
Love to have your comments to agree/disagree.
#GBPCHF 15min Short Idea
Reasons:
1. Previous structure with spikes
2. 50SMA lagging behind on 15 min that should attract the price
3. 10sma lagging behind og higher time frame i.e. 1 hour that should attract the price
4. FIB 1.27 extension in zone
5. possible harmonic move
6. retracement expected
Must wait for confirmation before taking the trade.
Love to have your comments to agree/disagree.